Commercial Real Estate Market in Johnstown, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
101 active listings and 464 off-market properties in Johnstown, CO. Commercial property asks $273/SF to buy and $18.39/SF/Yr to lease.
Market Trends
Johnstown, CO spans 48.1 square miles in Weld County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Johnstown, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Johnstown, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Johnstown, CO runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Johnstown, CO asks $170/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Planned_development 79.4%
- Civic 10.3%
- Residential 6.5%
- Industrial 2.4%
- Mixed use 1.4%
Largest Zones share of zoned land by district
Planned Development Residential
Single Family Neighborhood
Planned Development Thompson River Ranch Residential Mixed Use
Holding Agriculture
Planned Development Great Plains Village
Single Family Neighborhood (R-1)
R-1 Single-Family Neighborhood. The R-1 district provides residential living (detached houses) in lower-density suburban or walkable neighborhood settings with access to supporting uses such as schools, churches, parks, and other public facilities. General application in low and moderate intensity areas, to provide a compatible range of lots in suburban or w…
Market overview
Demographics & Economy
Johnstown, CO has 18,785 residents in 7,137 households. Density runs 391 people per square mile. Median household income here is $132,320 and median gross rent $1,778 a month.
18,785
Population
7,137
Households
2.6
Avg Household Size
36
Median Age
37%
College-Educated
95%
High-School Grad
48.1 sq mi
ZIP Area
391
Density / Sq Mi
$132,320
Median Household Income
$65,749
Median Earnings
$1,778
Median Rent
$509,500
Median Home Value
Tools
Lease vs Buy Breakeven
At $18.39/SF/Yr lease vs $273/SF buy → buying wins if held > 3.6 years.
At a 6.7% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Milliken | — | — |
| Gilcrest | — | — |
| Mead | — | $20.44 |
| Berthoud | — | $15.20 |
Commercial property in Johnstown, CO asks $273/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Johnstown?
Commercial property in Johnstown, CO asks an average of $273 per square foot. The 8 most recent recorded sales traded at a median of $239/SF, so asking sits 14% above the achieved median. Multifamily carries the highest asking price at $170/SF.
How much does it cost to lease commercial space in Johnstown?
Asking lease rates in Johnstown, CO average $18.39 per square foot per year.
Is it cheaper to lease or buy commercial space in Johnstown?
Buying beats leasing in Johnstown, CO if the property is held longer than 3.6 years, comparing $18.39/SF/Yr asking rent with $273/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Johnstown market data come from?
Realmo compiles Johnstown, CO figures from 8 recent recorded sales, 76 active sale listings, 25 active lease listings, 464 tracked off-market properties, the current Johnstown zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 76 active for-sale and 25 active for-lease listings in Johnstown, CO. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 9,781 zoned acres across 48 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
